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A comment on Goodbye, New York, California and Illinois – Hello where?. Parent comment

Re:Goodbye, New York, California and Illinois – Hello where? by xyzzyz on Saturday January 18, 2020 @01:23AM (#22082737)
Yes, and I haven’t seen anything suggesting that it’s Prop 13 that’s responsible for majority of the premium in California’s housing costs compared to other states. It’s not nothing, but it pales in comparison to zoning regulations and requirements for environmental traffic etc impact studies that drag on and on.
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Re:Goodbye, New York, California and Illinois – Hello where? by asdff on Saturday January 18, 2020 @02:57AM (#22083079)
some numbers: https://www.aeaweb.org/articles?id=10.1257/mac.20160327
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Re:Goodbye, New York, California and Illinois – Hello where? by xyzzyz on Saturday January 18, 2020 @11:07AM (#22085129)
Indeed. 15% is not nothing, but if house prices in California went down by as much, they wouldnt suddenly become affordable.
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